Terms and Key Concepts Explained
- Gaming Agreement: A contract between participants based on risk, intended to obtain winnings, governed by predefined rules.
- Bet: A type of gambling whose outcome depends on an event with an uncertain result.
- Staked Amount: Money or electronic funds deposited by the user to participate in the game and accept the set terms.
- Game Operator: An authorised entity holding a Curacao eGaming licence for lawful operation.
- Player: A natural person who places bets on events. Legal entities may not participate.
- Result: The outcome of the event on which a bet has been placed.
- Betting Options (Sports): A list of sporting events with possible outcomes and associated odds available for betting.
- Prize: Money or goods awarded to the player upon a winning outcome, in accordance with the game’s rules.
- Odds: A numerical value indicating the probability of an outcome and determining the payout for a winning bet.
- Cancellation/Refund: Adjustment of odds to 1 and return of the staked amount under specific circumstances.
- Official Time: The standard duration of a match, including added time, excluding extra time, penalties, or other additional phases.
- Personal Profile: A digital interface provided to manage bets and activities, accessible via browser or app.
- Login Credentials: Data required to access the profile, such as username and password or other requested details.
Clarity in Participation
Players must be fully familiar with the terms and betting rules. In case of doubt:
- Request clarification about the event or game.
- Contact our customer support for explanations.
- Avoid placing bets until you fully understand the terms.
- Rainbetwebsite.com accepts no responsibility for decisions made without complete knowledge of the rules.
Theoretical Return to Player (RTP)
“Theoretical Return to Player” (RTP) is a theoretical value reflecting the percentage of stakes that may be returned to players over the long term. It is indicative and does not guarantee actual winnings. Real results may vary, with possible wins or losses.
By placing bets on Rainbetwebsite.com, you accept these terms and confirm that you have understood and respect the described rules and conditions.